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Louisiana-Pacific Corporation (LP Building Solutions) reports developments tied to engineered wood building products for new construction, repair, remodeling, and related markets. The company’s recurring news centers on its Siding portfolio, including LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding, and LP® Outdoor Building Solutions, as well as OSB and LP® Structural Solutions products such as LP® FlameBlock® Fire-Rated Sheathing, LP BurnGuard™ FRT OSB, LP WeatherLogic® Air & Water Barrier, LP® TechShield® Radiant Barrier Sheathing, LP Legacy® Premium Sub-Flooring, and LP® TopNotch® 350 Durable Sub-Flooring.
Company updates also cover quarterly results and guidance, cash dividends, product launches and color collections, sustainability recognition, forest stewardship partnerships, and segment trends across Siding, OSB, South American operations, timber, and related activities.
LP Building Solutions (NYSE: LPX) has declared a cash dividend of $0.18 per share for common shareholders. The dividend will be paid on December 1, 2021, to shareholders recorded by November 8, 2021. This announcement highlights LP's commitment to providing shareholder value as a leader in engineered wood building products. The company operates 25 plants across North America and South America, delivering innovative and dependable building solutions to builders and remodelers globally.
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LP Building Solutions (NYSE: LPX) announced it will release its third-quarter financial results on November 2, 2021. A conference call, led by CEO Brad Southern and CFO Alan Haughie, will occur at 11 a.m. ET on the same day to discuss results from the quarter ending September 30, 2021. The call can be accessed at 855-638-4813 (U.S.) or 704-288-0619 (International). Participants can also join via a live webcast. An archived version of the call will be available online.
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Louisiana-Pacific Corporation (LPX) reported strong Q2 2021 results, with net sales soaring 142% to $1.3 billion. Siding Solutions sales rose 39% to $288 million, while OSB sales increased significantly to $778 million, driven by higher prices. Net income hit $498 million ($4.90 per share), and adjusted EBITDA reached $684 million. The company repurchased $465 million in shares and increased its cash dividend by 13%. Despite rising costs, LPX exhibited resilience in its segments, particularly in Siding and OSB, with promising growth outlooks for Q3 2021 and beyond.
LP Building Solutions (NYSE: LPX) has declared a cash dividend of $0.18 per share, reflecting a mid-year increase of $0.02 or 13%. The dividend will be payable on September 1, 2021, to shareholders of record by August 10, 2021. This decision underscores the company's commitment to providing value to its shareholders while maintaining its position as a leader in the engineered wood products market.
LP Building Solutions (NYSE: LPX) announced it will release its second-quarter 2021 financial results on August 3, 2021. The company will hold a conference call at 11 a.m. ET to discuss the outcomes for the quarter ending June 30, 2021. Key personnel, including CEO Brad Southern and CFO Alan Haughie, will host the call. Participants can join via phone or online, and a replay will be available after the event. LP is committed to providing innovative and dependable building solutions globally.
Louisiana-Pacific Corporation (LPX) reported first-quarter 2021 results, revealing a 74% increase in net sales to $1 billion. The surge was led by a 49% rise in LP SmartSide sales, totaling $283 million, and a 145% increase in OSB net sales to $539 million. Net income soared to $320 million ($3.00 per diluted share). The company repurchased 2.4 million shares worth $122 million and declared a quarterly dividend of $0.16 per share. An additional $1 billion has been authorized for stock buybacks, reflecting strong operational performance despite supply chain challenges.
LP Building Solutions (NYSE: LPX) has declared a cash dividend of $0.16 per share, set to be paid on June 1, 2021. Shareholders of record as of May 17, 2021 will receive the dividend. This decision reflects LP's commitment to providing returns to its shareholders while continuing to operate as a leader in high-performance building solutions. The company manufactures a wide range of engineered wood products and has a robust operational footprint across the U.S., Canada, Chile, and Brazil.
LP Building Solutions (NYSE: LPX) announced it will release its first-quarter 2021 financial results on May 4, 2021. The company will host a conference call at 11 a.m. ET on the same day, featuring Chairman and CEO W. Bradley Southern and CFO Alan Haughie. Participants can dial in using 855-638-4813 (U.S.) or 704-288-0619 (international). The results will be available on their Investors Relations website, along with an archived webcast.